BlackRock, one of the world’s largest asset managers, is reportedly considering launching an Ethereum exchange-traded fund (ETF) following the successful debut of its Bitcoin ETF. The CEO of BlackRock, Larry Fink, has highlighted the value of Ethereum’s blockchain technology and its transformative …
The U.S. dollar’s position as the linchpin of the international financial system is facing increasing scrutiny, according to a report by Wall Street giant Morgan Stanley. The report highlights the shifting geopolitical currents and the growing twin deficits of the United States …
Cantor Fitzgerald CEO Howard Lutnick has provided strong validation for stablecoin issuer Tether, addressing one of the major concerns surrounding the cryptocurrency. In an interview with Bloomberg TV, Lutnick vouched for Tether’s legitimacy, stating, “They have it,” in reference to the money …
is the potential entry of large institutional players like BlackRock and Goldman Sachs into the market. These institutions have significant financial resources and could potentially exert a strong influence on the Bitcoin ecosystem. One area where this influence could be felt is …
Decentralized finance (DeFi) has had its fair share of challenges, particularly during the recent implosion of FTX U.S., which led to a near bank run on centralized exchanges (CEXs). However, there is still hope for DeFi to shine, and many indicators suggest …
Coinbase, one of the largest cryptocurrency exchanges in the United States, is preparing to argue against the Securities and Exchange Commission (SEC) in a federal courtroom. The company is challenging the SEC’s claims that it has been trading unregistered securities, and the …
top. This new approach to addressing the compute shortage in the field of artificial intelligence is gaining attention and is seen as a potential game-changer. The developments in generative AI have had a profound impact on various industries. Language models are being …
Core Scientific, a prominent bitcoin mining company, has received approval for its Chapter 11 reorganization plans from the Southern District of Texas bankruptcy court. The company expects to re-list its shares on Nasdaq by the end of this month. This development comes …
The Chicago Board Options Exchange (CBOE) has announced that VanEck, Fidelity, and ARK 21Shares Spot Bitcoin Exchange-Traded Funds (ETFs) will officially begin trading tomorrow, pending regulatory approval and effectiveness. This declaration by the CBOE marks a significant milestone in the pursuit of …
The United States Securities and Exchange Commission (SEC) has made a groundbreaking decision by officially approving the listing of the first-ever spot Bitcoin Exchange-Traded Funds (ETFs). This move is seen as a significant milestone in the adoption of Bitcoin within traditional financial …